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What’s the richest town in the Centennial State?
According to 24/7 Wall Street study, it’s Greenwood Village — a town that’s a part of the Denver-Aurora-Lakewood area.
The typical household in Greenwood Village earns $117,500 a year, the most of any town in Colorado and nearly twice the $60,629 statewide median household income.
Greenwood Village contains parts of the Denver Tech Center, a business park and technology cluster that provide many residents with high-paying, steady jobs relatively close to home.
An estimated 27 percent of the town’s workers are employed within the town’s borders, nearly the largest share among high-income towns reviewed.
To determine the richest town in each state, 24/7 Wall St. reviewed median household incomes in every town with a population between 1,000 and 25,000 in each state from the U.S. Census Bureau’s American Community Survey. All social and economic figures are based on five-year estimates for the period of 2011-2015.
They also considered the percentage of adults who have at least a bachelor’s degree, poverty rates, uninsured rates, and median home value.
Here’s the breakdown:
> Town median household income: $117,500
> State median household income: $60,629 (13th highest)
> Town poverty rate: 4.0%
> Town population: 14,920